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18 Apr, 2025
Subam Papers Limited IPO, GMP, Details, Price, And Review
Subam Papers Limited, a company engaged in paper products and kraft paper manufacturing, proudly calls themselves the packaging solution offering company. Beginning its journey in 2004, the company manufactures paper cones. It even expanded its product base with the addition of Duplex Board and Kraft Paper to its portfolio. Further, the company isn’t like traditional paper manufacturers as they don’t produce the products using wood pulp. Instead, it uses waste paper as raw material for the Duplex Board and Kraft Papers. Subam Papers Limited, with this initiative, aims to preserve mother nature. They tend to drive the company with the principle of recycling.
Subam Papers IPO Overview:
• Issue Size: ₹93.70 crores
• Type: Fresh issue
• Total Shares Offered: 61.65 lakh shares
• Price Band: ₹144 to ₹152 per share
• Minimum Lot Size: 800 shares ( ₹115,200 to ₹121,600 per lot)
Subscription Details
• Open Date: September 30, 2024
• Close Date: October 3, 2024
Key Participants
• Book Running Lead Manager: Gretex Corporate Services Limited
• Registrar: Bigshare Services Pvt Ltd
• Market Maker: Gretex Share Broking
WHAT IS GMP?
GMP (Grey Market Premium) is the difference between the IPO price and the grey market price. It is the premium amount paid for the traded IPO shares. It plays an important role in IPOs as it reflects how the IPO would react on the listing day.
A grey market is a place where shares/stocks are traded before being listed officially on the stock exchange.
Subam Papers Limited IPO, GMP, Details, Price, And Review
| GMP Date | IPO Price | GMP | Last Updated |
|---|---|---|---|
| 2024-10-08 | 152 | 12 (7.89%) | - |
**The GMP prices displayed here are solely for informational purposes related to the grey market news. India IPO does not engage in or facilitate grey market trading, nor are these rates (sub2) indicative of any trading activity. We also do not recommend or endorse participation in the grey market.**
Subam Papers Limited IPO, GMP, Details, Price, And Review Details
| Detail | Description |
|---|---|
| IPO Date | September 30, 2024 to October 3, 2024 |
| Listing Date | [.] |
| Face Value | ₹10 per share |
| Price Band | ₹144 to ₹152 per share |
| Lot Size | 800 Shares |
| Total Issue Size | 6,164,800 shares (aggregating up to ₹93.70 Cr) |
| Fresh Issue | 6,164,800 shares (aggregating up to ₹93.70 Cr) |
| Issue Type | Book Built Issue IPO |
| Listing At | BSE SME |
| Shareholding pre issue | 17,080,070 |
| Shareholding post issue | 23,244,870 |
| Market Maker portion | 308,800 shares Gretex Share Broking |
Subam Papers Limited IPO, GMP, Details, Price, And Review Timeline
| Detail | Description |
|---|---|
| IPO Open Date | Monday, September 30, 2024 |
| IPO Close Date | Thursday, October 3, 2024 |
| Basis of Allotment | Friday, October 4, 2024 |
| Initiation of Refunds | Monday, October 7, 2024 |
| Credit of Shares to Demat | Monday, October 7, 2024 |
| Listing Date | Tuesday, October 8, 2024 |
| Cut-off time for UPI mandate confirmation | 5 PM on October 3, 2024 |
Subam Papers Limited IPO, GMP, Details, Price, And Review Lot Size
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 800 | ₹121,600 |
| Retail (Max) | 1 | 800 | ₹121,600 |
| HNI (Min) | 2 | 1,600 | ₹243,200 |
Subam Papers Limited IPO Reservation
| Investor Category | Shares Offered |
|---|---|
| QIB Shares Offered | Not more than 50.00% of the Net Issue |
| Retail Shares Offered | Not less than 35.00% of the Net Issue |
| NII (HNI) Shares Offered | Not less than 15.00% of the Net Issue |
Subam Papers Limited IPO, GMP, Details, Price, And Review Promoter Holding
| Share Holding Pre Issue | Share Holding Post Issue |
|---|---|
| 94.81% | 69.67% |
Company & Financials
Subam Papers Limited was incorporated in October 2004 as a manufacturer of paper products and Kraft Papers. They use waste paper as their raw materials. As of March 31, 2024, Kraft Paperâs installed capacity of the company was 300 metric tons per day (MTPD). It resulted in 93,600 tons of total annual capacity. They even maintain a sizeable raw material storage facility for ensuring sufficient amount of reserves, thereby enabling consistent production within the high-quality products for the packaging industry. Furthermore, the products manufactured are used in various industries, including textiles, food, FMCG, distilleries, automobiles, electrical and electronics, pharmaceuticals, and printing, wherein the packaging remains essential.
Competitive Strength:
- -
Subam Papers Limited IPO, GMP, Details, Price, And Review Financial Information
| Period Ended | Assets | Revenue | Profit After Tax | Net Worth | Total Borrowing | |||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 31 Mar 2024 | 46,046.1 | 49,697.31 | 3,341.8 | 19,904.12 | 18,340.77 | |||||||||||||||||||||||||||||||||||
| 31 Mar 2023 | 41,434.65 | 51,062.36 | -26.79 | 16,562.32 | 16,282.61 | |||||||||||||||||||||||||||||||||||
| 31 Mar 2022 | 39,418.33 | 33,259.87 | 2,600.23 | 16,589.11 | 15,573.37 | |||||||||||||||||||||||||||||||||||
| Amount in ₹ Crore | ||||||||||||||||||||||||||||||||||||||||
Key Performance Indicator
| KPI | Values |
|---|---|
| ROE | 16.79% |
| ROCE | 20.84% |
| Debt/Equity | 0.92 |
| RoNW | 16.79% |
| P/BV | 1.24 |
| PAT Margin (%) | 6.77 |
| Pre IPO | Post IPO | |
|---|---|---|
| EPS (Rs) | 19.57 | 14.38 |
| P/E (x) | 7.77 | 10.57 |
RHP:
DRHP:
Frequently asked Questions (FAQs )
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Which IPO is being launched by Subam Papers?
The company is launching a SME IPO that will be listed on BSE. It is expected to raise ₹93.70 Crores through the issue that’s priced at ₹144 to ₹152 per equity share.
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When does the subscription for Subam Papers IPO open?
The subscription for the QIB, NII, and Retail Investors opens on September 30, 2024, and closes on October 3, 2024.
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What is Subam Papers IPO Investors Portion?
The investors’ portion for QIB is 50%, NII is 15%, and Retail is 35%.
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What is the issue size of Subam Papers IPO?
₹93.70 Crores is Subam Papers IPO issue size.
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What is the Price Band for Subam Papers IPO?
₹144 to ₹152 is the Price Band for Subam Papers IPO.
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What is the lot size of Subam Papers IPO?
800 Shares with ₹121,600 amount is the lot size.
